Fast-Driving Online Financial Site Founder Gets Barred from Securities Industry

In case you missed it yesterday — and I almost did — Brendan Case and Michael Grabell wrote a heckuva story in the DMN’s business section. Remember MN1.com? The Dallas-based site that typically covers penny stocks but somehow got a sit-down with O.J. Simpson? Case and Grabell wrote about its founder Joshua Lankford. The 33-year-old entrepreneur was recently barred from the securities industry for allegedly pimping stocks on MN1 that his companies had major stakes in not providing testimony and documents in response to an unspecified NASD inquiry. The story, though, is much juicier than that. For instance, there’s a high-speed car chase:

In 2005, police tried to pull Mr. Lankford over after clocking the Lamborghini going 80 mph in a 35-mph zone. According to the police report, Mr. Lankford led officers on a car chase in the Knox-Henderson area, got out at a bar, threw his keys to a valet and fled on foot. When caught, he told police he was laughing throughout the chase, the report said.

There’s more. No quotes from Lankford, but a few from his attorney. Check it out.

17 comments

  1. We know Joshua Lankford from years ago, and he is the crook of all crooks. Although we are still surprised he could get this far. His all time favorite movie has always been “The Boiler Room.” The article talks about him being a family man, but the guy we knew was always cheating on his wife who was home with his three kids. The sad thing is…he probably has his money hidden all over the world. CROOK, CROOK, CROOK!!!

    @ 7:55 pm on November 14, 2007
  2. Tbeck Capital
    230 N. Park Boulevard, Suite 106
    Grapevine, TX 76051

    @ 10:51 am on November 15, 2007
  3. Can you be more vague?

    @ 11:10 am on November 15, 2007
  4. Too bad a person writing for “D” doesn’t have correct grammar. Brendan Case does not have his facts straight. Why does he have such a boner for Penny Stocks? When someone invests in a Pink, they have to meet certain criteria. It is a GAMBLE…end of story. NON-story Mr. Case!

    Also, Mr. Lankford WAS NOT barred from the securities industry, his license expired. Bunghole.

    @ 5:01 pm on November 15, 2007
  5. I feel sure MR. (seems a bit of a oxymoron) Lankford has every excuse in the book (his license expired, he didn’t know that his friends had stock in that company, he was taking a gamble…whatever), but the bottom line is this “man” is a crook, crook, crook…I guarantee you he has never once in his life worked a legitimate job, had a legitimate relationship, or earned a legitimate dollar. He may be able to find high dollar lawyers, with high dollar excuses, but at the end of the day, at the end of his life, the TRUTH lies in the TRUTH.

    @ 10:50 am on November 16, 2007
  6. @ 9:02 am on November 19, 2007
  7. Just another case of media sensationalism fired by allegations and gross exaggeration on vague information. Case and Grable should right fantasy stories.

    @ 10:07 am on November 19, 2007
  8. Josh is a kind, giving, generous man who cares about people. he’s probably outsmarted the lot of you and you are not only jealous, but too stupid to hang on to your rusty money.
    get over it.

    @ 8:24 pm on November 26, 2007
  9. Awwww…isn’t that sweet. “A kind, giving, generous man who cares about people…”

    Outsmarted? Jealous? Too stupid?

    http://www.dallasnews.com/sharedcontent/dws/bus/stories/121307dnbusinvestorweb.2af4397.html

    Sure is some fantasy story, huh.

    @ 2:13 pm on December 20, 2007
  10. I’ve followed the “plot thickens” saga for some time and while I will agree there could be truth in some of it, it certainly appears to me that most of the Grabel/Case rhetoric was slanted and not based on much significant fact. In the end, though, everyone will have their day.

    @ 10:11 am on February 20, 2008
  11. This is Absurd. Joshua Lankford strived for good of all of those around him, putting others 1st and himself 2nd. When helping others achieve a dream and bettering man kind succeeds jealous, lazy & socialist based citizens want to take shots and find a reason they can’t succeed.

    Ask Bill Gates & Donald Trump. Is the computer your working on a windows system, I remember the anti trust lawsuits he went through. Does Trump provide office and multi family shelter while increasing the tax basis of the larges test cities in the world? All of these guys including Lankford are economic stimulants. My recommendation is GET A JOB and A LIFE. How about you try to do something besides throw stones, better yet why don’t you get some Windex and clean your glass house.

    O let me guess you have failed at everything you have done and every one else that has achieved success was a Crook.

    @ 9:06 pm on March 10, 2008
  12. FYI, his favorite movine was WALL STREET

    @ 9:07 pm on March 10, 2008
  13. FYI, his favorite movie was WALL STREET

    @ 9:08 pm on March 10, 2008
  14. I know Josh from the Metroplex Web daze, he was an original then and looks like he still is. I say good for you Josh….. keep em’ guessin’ cause you are A CLOSER!!!

    @ 11:35 am on August 25, 2008
  15. ……

    @ 11:37 am on August 25, 2008
  16. FYI his favorite movie,isnt a certain movie if you knew him,the movies he likes is cheap no clip gun fighting movies :p

    @ 11:23 pm on August 29, 2008
  17. Hey uhm crook, do you even know josh? hes my uncle, and Ive known him when he and charity were living in a one bedroom apartment in irving, trying to work his way up too get money. Its people like you that give families bad names!

    @ 1:37 pm on March 30, 2009